Among the most popular provincial tax credits is Revenu Quebec’s Tax Credit for the Development of E-Business, which is commonly referred to as CDAE (from its French-language abbreviation).
This program is only available to activities in Quebec, and while the program isn’t mutually exclusive from the federal government’s SR&ED tax credit, there are qualifying criteria specific to CDAE that can make it a tricky application to navigate.
We break down the nuances and qualifications of this mix of refundable and non-refundable tax credits—including upcoming changes to the provincial distribution balance—as well as how CDAE can supplement or complement other innovation funding programs, including the Scientific Research & Experimental Development (SR&ED) tax credit.
